Ranger Energy Services, Inc. Announces Q1 2019 Results

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Ranger Industries, Inc. (RNGR) Tops Q1 EPS by 10c, Revenues Beat

April 30, 2019 5:02 PM EDT

Ranger Industries, Inc. (NYSE: RNGR) reported Q1 EPS of $0.21, $0.10 better than the analyst estimate of $0.11. Revenue for the quarter came in at $88.3 million versus the consensus estimate of $86.63 million.

CEO Comments

Ranger posted another quarter of improving performance in the face of both ongoing seasonal headwinds and a challenging commodity tape. We are proud of the fact that we have grown both revenue and Adjusted EBITDA every quarter since our Q3 2017 IPO. Financial performance again reached a high water mark in Q1 with a 4% sequential increase in both revenue and... More